Investors will regain confidence in the UK economy and consumer and industrial sectors, which have b...
Investors will regain confidence in the UK economy and consumer and industrial sectors, which have been hit hard in recent months, will start to show some recovery, says Stephen Whittaker, manager of the New Star UK Growth Fund. The market is close to bottoming out and an upturn is imminent, he notes. Whittaker, who has increased the fund's weightings in the banking, consumer and industrial sectors, says the banking sector is looking relatively cheap and that dividend payment capacity and ratings are currently looking attractive. He believes financials will be at the forefront of a mar...
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